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CA SB260

CA SB260
Climate Corporate Accountability Act.


summary

Introduced
01/26/2021
In Committee
08/11/2022
Crossed Over
01/26/2022
Passed
Dead
08/31/2022

Introduced Session

2021-2022 Regular Session

Bill Summary

An act to add Section 38532 to the Health and Safety Code, relating to greenhouse gases.

AI Summary

This bill, the Climate Corporate Accountability Act, requires the California Air Resources Board to develop regulations that mandate United States companies with total annual revenues exceeding $1 billion and doing business in California to publicly disclose and verify their greenhouse gas emissions, categorized as scope 1, 2, and 3 emissions, starting in 2025. The bill requires the Air Resources Board to contract with an emissions registry to develop a reporting program and to establish auditor qualifications to ensure timely and accurate reporting. It also directs the Air Resources Board to prepare a report on the disclosures and provides for public access to the disclosures and the report. The Attorney General is authorized to bring civil actions against companies for violations of the bill's requirements.

Committee Categories

Agriculture and Natural Resources, Budget and Finance, Justice

Sponsors (11)

Last Action

Read third time. Refused passage. (on 08/31/2022)

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